
47 The Stockyard Block E, The Steelworks, Foley Street, Dublin 1, DublinD01AH50
€300,000
2 Bed~2 Bath~BER B3
What you'll like:
- Central City Location: Situated in the heart of Dublin 1, placing you within easy walking distance of major employment hubs and central retail streets.
- Excellent Transit Proximity: Connolly Train Station and the Red Luas line are only a short three to four-minute walk away, maximizing daily commuting convenience.
- Financial District Proximity: The International Financial Services Centre and major dockland employers are easily accessible, which strongly supports robust long-term rental demand.
- Modern Development Context: Positioned inside a contemporary multi-story development block that features active ground-floor commercial units and educational facilities for vibrant surroundings.
- Energy Efficient Rating: Boasts a favorable B3 energy rating, which should translate into reasonable utility bills and helps satisfy prospective green mortgage qualification requirements.
- Vacant Possession Offering: Delivered vacant upon closing, allowing a new owner or investor to move in immediately or market the unit to new tenants without delay.
- Dual Bathroom Layout: Features two bathrooms accompanying the living quarters, a highly desirable configuration that reduces morning rush-hour friction for occupants and guests.
- Comfortable Floor Area: Extends to approximately sixty-two square meters, providing a practical footprint that balances manageable upkeep with comfortable urban living space.
- Gas Fired Heating: Equipped with an independent gas-fired central heating system, offering reliable and easily controllable warmth throughout the cooler winter months.
- Entertainment Access: Proximity to the 3Arena, Convention Centre, and Bord Gais Energy Theatre ensures world-class entertainment and cultural venues remain just a short stroll away.
- Retail Convenience: Close proximity to the Point Village and O'Connell Street guarantees effortless access to major grocery stores, coffee shops, and diverse dining options.
- Airport Accessibility: Dublin Airport is reachable via a convenient drive or tunnel access, simplifying travel logistics for frequent flyers and business professionals alike.
- Stable Asking Price: The recorded asking price has remained stable at three hundred thousand euros, indicating a transparent initial valuation without volatile upward swings.
- Educational Hub Proximity: The presence of nearby private colleges on the ground floor adds to the lively academic and professional character of the immediate neighborhood.
- Waterfront Proximity: Being situated near the Dublin docklands provides scenic walking routes along the Liffey and access to modern waterside plazas and recreational spaces.
- Highway Connectivity: The Dublin Port Tunnel offers quick access to the M50 motorway, facilitating smooth vehicular travel out to national routes and surrounding counties.
- Rental Yield Potential: High concentration of corporate office workers nearby creates consistent demand from prospective tenants seeking short commutes to financial institutions.
- Urban Lifestyle Appeal: Perfect for buyers who prioritize city-center living and wish to eliminate car ownership in favor of walking and robust public transit networks.
- Established Neighborhood: Part of an established modern apartment scheme, reducing the uncertainty often associated with brand-new unproven construction phases in the city.
- Straightforward Acquisition: Offered via an online marketing platform with clear vacant possession terms, streamlining the purchasing process for prepared cash or mortgage buyers.
But keep in mind:
- Substantial Annual Fees: Management fees of approximately two thousand eight hundred ninety-one euros per annum represent a recurring cost that directly impacts ongoing ownership expenses.
- Elevated Operating Costs: High management charges require careful buyer budgeting to ensure long-term affordability alongside typical property taxes and maintenance reserves.
- Confusing Property Details: Listing descriptions show minor discrepancies regarding room counts between sections, so buyers should independently verify the exact internal layout before bidding.
- Lack of Internal Inspection: The marketing agents did not conduct an internal inspection or direct measurement, meaning buyers must rely on their own surveyor's comprehensive physical assessment.
- City Centre Noise: Urban location near busy transport hubs and commercial college spaces may introduce street-level noise, traffic sounds, and weekend foot traffic congestion.
- Parking Availability Uncertainty: The listing details do not explicitly confirm an allocated parking space, which could pose a significant inconvenience for vehicle-owning residents.
- External Maintenance Dependency: Owners rely entirely on the management company to maintain common areas, facades, and lifts, making the quality of estate management critical.
- Potential Sinking Fund Levies: Buyers should investigate the health of the development sinking fund to ensure upcoming capital expenditures will not trigger special owner assessments.
- High Density Living: Living within a large multi-story block requires adjusting to shared entryways, communal hallways, and close proximity to numerous neighboring occupants.
- Limited Private Outdoor Space: Apartments in this core urban block may lack substantial private balconies or gardens, limiting options for outdoor relaxation at home.
- Security and Access: Urban center complexes require careful verification of access control systems, intercoms, and gate security to ensure resident safety remains uncompromised.
- Insurance Premium Pressures: Multi-unit apartment blocks across the city have experienced rising building insurance premiums, which can indirectly push management fees even higher over time.
- Rental Market Regulation: As the property sits within a designated urban pressure zone, investors must carefully navigate local rental caps and regulatory compliance frameworks.
- Resale Liquidity Factors: Standard two-bedroom units in large urban blocks compete with many similar listings, meaning future resale values depend heavily on broader market conditions.
- Lack of Floor Plan: The absence of a detailed architectural floor plan in the initial listing necessitates professional measurement to confirm true room dimensions and layouts.
- Vendor Information Reliance: Key dimensions and specifics were provided directly by the vendor rather than verified firsthand, increasing the importance of pre-purchase surveys.
- Busy Transport Corridors: Proximity to major train and tram lines can create localized rumble or operational noise that sensitive sleepers should evaluate during viewings.
- Common Area Wear and Tear: High foot traffic from ground-floor commercial uses and college students may accelerate wear and tear on shared lobby and lift areas.
- Future Local Development: Nearby vacant sites or urban regeneration projects in the north inner city could bring construction activity and changing neighborhood dynamics.
- Online Auction Pressure: Purchasing through an online platform requires strict adherence to bidding deadlines and legal deposit requirements, demanding thorough advance preparation.
Price positioning
?
- The asking price appears significantly undervalued relative to typical market norms because it is set at a level noticeably lower than recent completions for similar apartments within the exact same development and immediate surrounding urban context.
- Strong under-valuation signals are evident from the initial listing figure which remains unchanged over the tracking period, suggesting an aggressive marketing strategy designed to stimulate competitive interest or position the asset for a lively online auction format.
- Such a pricing strategy could be supported by high initial engagement and competitive bidding among prospective purchasers, though it might be undermined by hidden property defects, management fee liabilities, or structural uncertainties regarding the precise floor area.
- Relevant contextual factors include the advantageous city centre location close to major transport hubs and docklands employers, balanced against annual management charges of nearly three thousand euros which impact overall affordability and long-term investment yields.
Build Analysis
What we know from similar construction types
- The property is a modern apartment development located on Foley Street in Dublin 1, benefiting from a B3 BER rating which indicates relatively good energy efficiency for a multi-unit residential building.
- The description contains contradictory details regarding the bedroom count, mentioning both a two-bedroom and a three-bedroom layout; a buyer should verify the exact legal layout and floor area.
- Gas-fired central heating is installed, and a buyer should investigate the maintenance history and compliance of the heating system.
- Annual management fees are stated as approximately 2,891 euro per annum, and a buyer should review the management company's accounts, sinking fund, and upcoming maintenance obligations for the block.
Heating cost*
Estimated expense to heat this property every year
- Estimated annual heating cost is approximately 800 euro to 1,100 euro.
- The property features gas fired central heating and a B3 BER rating, which indicates relatively good energy efficiency for a 62 square meter apartment.
Pollution Safe
8/10Environmental situation to investigate
- The property is located in an established city-centre urban environment without apparent close proximity to major heavy industrial polluters or active large-scale landfills.
- Any historical urban industrial legacy should be verified through environmental searches if specific concerns regarding site history arise.
Flood Safe
8/10Water overflow reports to follow up
- The location is situated in Dublin city centre; while general urban drainage applies, it is not prominently highlighted on major historical fluvial flood hazard maps as a primary high-risk zone.
- Buyers should consult local authority flood maps and environmental reports to verify specific surface water or tidal flood risks associated with proximity to the River Liffey.
Recent Local Sales
Verified residential transactions published in the previous five years
Sales on the same street or estate
30 THE STOCKYARD, THE STEELWORKS, FOLEY ST DUBLIN 1
- Sale date
- Declared sale price
- €375,000.00
18 THE STOCKYARD, THE STEELWORKS, FOLEY STREET
- Sale date
- Declared sale price
- €498,000.00
27 THE ATRIUM, THE STEELWORKS, FOLEY STREET
- Sale date
- Declared sale price
- €290,000.00
24 THE MILLHOUSE BLOCK C, THE STEELWORKS, FOLEY ST DUBLIN 1
- Sale date
- Declared sale price
- €387,000.00
28 THE MILLHOUSE, THE STEELWORKS, FOLEY ST DUBLIN 1
- Sale date
- Declared sale price
- €358,000.00
Recent sales in the wider The Steelworks area
12 RUTLAND PLACE NORTH, NORTH CIRCULAR ROAD, DUBLIN 1
- Sale date
- Declared sale price
- €438,000.00
APT 3 BLOCK 5, CLARION QUAY, EXCISE WALK DUBLIN 1
- Sale date
- Declared sale price
- €380,000.00
23 GLOUCESTER SQ, RAILWAY ST, DUBLIN 1
- Sale date
- Declared sale price
- €545,000.00
175 SKELLIG HOUSE, CUSTOM HOUSE SQ, LOWER MAYOR ST DUBLIN 1
- Sale date
- Declared sale price
- €367,000.00
319 BACHELORS WALK, DUBLIN 1, DUBLIN
- Sale date
- Declared sale price
- €307,500.00
Source: Property Services Regulatory Authority (PSRA), Residential Property Price Register (PPR). Matching uses address information published by the PPR rather than measured map distance. It may omit nearby properties on differently named streets.
Last Sale
A confidently matched previous PPR transaction for this property
No confidently matched previous sale was found in the Property Price Register.
Buyer fees*
Associated expenses guide
- Solicitor legal fees: approximately 1,500 euro to 2,500 euro plus VAT and outlays.
- Land registration fees: approximately 600 euro to 800 euro depending on property value and registry type.
- Property valuation fees: approximately 150 euro to 300 euro for a standard mortgage valuation.
- Surveyor fees: approximately 400 euro to 800 euro for a structural survey.
- Annual home insurance: approximately 300 euro to 500 euro depending on the policy and level of contents coverage.
Forum Talk
What people are saying about this area
- Residents on local forums note that the Foley Street area in Dublin 1 offers high convenience due to its close proximity to Connolly Station and the Luas Red Line.
- Online discussions often highlight the vibrant city-centre lifestyle, with various educational institutions, offices, and cultural venues situated within a short walking distance.
- Community feedback frequently points out typical urban management considerations, including annual management fees and city-centre traffic levels.
- Local groups often discuss ongoing regeneration and commercial developments around the nearby North Docklands and IFSC areas.
LifeFit Assessment
How well this property may suit your lifestyle
Family
7 areas- Young Children3/10
A third-floor two-bedroom apartment with no private garden is not ideal for very young children who require secure outdoor play space and room for strollers.
- Teenagers4/10
The central Dublin location offers proximity to amenities, but the two-bedroom layout provides limited personal space for growing teenagers.
- Multi-generational Living2/10
With only two bedrooms and approximately 667 square feet of space, this property is far too small to comfortably accommodate multiple generations.
- Single Buyers9/10
The two-bedroom layout, central city location, and excellent public transport links make this an exceptional choice for single buyers entering the market.
- Couples8/10
A practical layout for a couple wanting to live in the heart of Dublin with easy access to work, dining, and entertainment.
- Empty Nesters7/10
Low-maintenance apartment living in a central location appeals to empty nesters looking to downsize and enjoy city amenities.
- Retirees6/10
While the lift-serviced building and central location offer convenience, high annual management fees and a bustling city-centre environment may be less appealing for some retirees.
Work
3 areas- Remote Working7/10
The second bedroom can easily double as a home office, though buyers should verify broadband speeds and interior workspace ergonomics.
- Hybrid Commuting10/10
Unbeatable commuter convenience being just a 3-minute walk to Connolly Train Station and the Luas Red Line.
- Retired6/10
Suitable for retirees who want an urban, lock-up-and-leave lifestyle, though annual management fees of 2,891 euro should be factored into a fixed budget.
Practical
8 areas- Ageing in Place5/10
While apartment living eliminates stairs inside the home, reliance on elevators and managing annual management fees can present challenges later in life.
- Low Maintenance8/10
Modern apartment construction typically requires less exterior maintenance for the individual owner, though management fees cover communal upkeep.
- Secure Gated Entry8/10
Part of a modern apartment development featuring managed access points for enhanced security.
- Minimalist Design8/10
A compact two-bedroom footprint of approximately 667 sq. ft. naturally lends itself to a streamlined, minimalist lifestyle.
- Flexible Floor Plans6/10
Standard two-bedroom apartment layout offers limited structural flexibility beyond standard furniture arrangements.
- Heritage Home1/10
This is a modern apartment development rather than a period or heritage property.
- Ecological Setup7/10
Benefiting from a B3 BER rating, the property is relatively energy-efficient compared to older housing stock.
- Outdoor areas2/10
The listing data does not highlight a private balcony or terrace, meaning outdoor space is limited to nearby public parks.
Interests
9 areas- Gardening1/10
As an apartment with no private garden or allotment space, gardening options are virtually non-existent.
- Walking8/10
Excellent pedestrian access to central Dublin, the docklands, and numerous cultural and dining attractions.
- Gym7/10
Proximity to the city centre ensures easy access to a wide variety of commercial gym facilities and fitness centers.
- Cycling7/10
Flat city-centre terrain makes cycling a viable transport option, though secure bicycle storage within the development should be verified.
- Golf3/10
No golf facilities are immediately adjacent, requiring travel to courses outside the immediate inner city.
- Fishing2/10
Urban setting offers very limited direct fishing opportunities, though the River Liffey is nearby.
- Horse Riding1/10
Inner-city location is completely unsuited for equestrian interests.
- Water Sports3/10
Proximity to the docklands allows for some river-based activities, but traditional water sports require travel further afield.
- Entertaining7/10
The open-plan living areas and proximity to numerous bars, restaurants, and theatres in the North Docklands make entertaining convenient.
Lifestyle
5 areas- Quiet Living3/10
Situated in the bustling heart of Dublin's North City Centre near transport hubs and commercial venues, noise levels are likely to be high.
- Rural Living1/10
This is a dense urban apartment development with zero rural characteristics.
- Village Living4/10
While local cafes and convenience retail are nearby, the immediate surroundings are decidedly metropolitan rather than village-like.
- Coastal Living3/10
Although the Docklands and river Liffey are nearby, this is an urban city-centre location rather than a coastal setting.
- Urban Living10/10
Located right in Dublin 1 with immediate access to Connolly Station, the Luas, O'Connell Street, and major financial hubs, this epitomizes city living.
Social
6 areas- Community Involvement5/10
City-centre apartment living tends to be transient, though local residents' associations or nearby community groups do exist.
- Café Culture9/10
Surrounded by a vast array of cafes, coffee shops, and eateries in the North City Centre and Docklands.
- Nightlife9/10
Close proximity to O'Connell Street, the 3 Arena, Bord Gais Theatre, and numerous pubs and clubs ensures vibrant nightlife options.
- Health/Wellness groups7/10
Abundant local fitness studios, yoga classes, and wellness options available throughout the city centre.
- Networking Opportunities9/10
Proximity to major financial and tech employers in the IFSC and docklands provides excellent professional networking potential.
- Tech-Hub Connectivity10/10
Located right next to major tech employers including Salesforce, Citibank, and the central financial district.
Listing information
- Agent
- BidX1 Ireland Ltd
- Phone
- 01 6673388
- Published on HouseDelve
- 7 October 2026
- Correction
- Report an issue
HD-503582HouseDelve · Republic of IrelandReport checks
Sources used: Public marketplace, Property Price Register, and grounded web research where available.
Automated quality checks: Passed
* Estimate — not advice. Actual costs and outcomes can vary materially. Obtain current quotations and professional advice before making financial or property decisions.